Chicago Public Schools finances are in “precarious” condition, so fragile and in danger of collapse that the state of Illinois needs to consider seizing control of the troubled school district. That’s ...

The new Chicago Board of Education being seated Wednesday — the first to have elected members — will stare down a district on the financial brink: an imbalanced budget, rising costs, falling student ...

Chicago’s preeminent taxpayer watchdog group says the “complex and highly politicized” surplus process revised by the Johnson ...

The Chicago Public Schools board of education unanimously approved the $9.9 billion fiscal 2025 budget Thursday. The vote came on the heels of a report from the Civic Federation of Chicago, a ...

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With Chicago Public Schools grappling with a $529 million deficit and no clear way to balance its budget for the fall, the state might want to take over the school district’s finances — a move that ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. Steve Grzanich has the business news of the ...

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. Mayor Brandon Johnson should consider every option to ...

CHICAGO (WLS) -- Mayor Brandon Johnson is two weeks away from presenting his budget recommendations and Wednesday a fiscal watchdog group offered a series of options and recommendations, especially ...

Amid protracted debate over whether the state should offer a financial lifeline for Chicago Public Schools, a lawmaker who has floated a proposal for greater state authority over the district ...

As leader of the Chicago Civic Federation, Laurence Msall's guidance and insights helped shape city, county, and state finances for two decades with his views sought out by business and political ...

Last month, Chicago Public Schools entered a new era of governance: a hybrid Board of Education with 10 elected members and 11 appointed by the mayor. In 2026, voters will decide on all 21 seats, ...